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300 Johnson Ave 4.4 Acres of Commercial Land Offered at $2,500,000 in Ridley Park, PA 19078

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INVESTMENT HIGHLIGHTS

  • Prime 4.4-Acre Property in Ridley Park – A Rare Opportunity!
  • Strong demographics
  • Prime development site on Chester Pike, across from WaWa and CVS
  • Adjacent to Taylor Hospital. Walk to train, minutes to I-95/PHL Airport, and 20 minutes to center city

EXECUTIVE SUMMARY

Prime 4.4-Acre Property in Ridley Park – A Rare Opportunity!
This exceptional 4.4-acre property in Ridley Park offers a great opportunity for residential development. Zoned R-3, it is ideal to develop a much-needed townhome community in a highly desirable location.
Property Features:
This spacious property consists of two parcels, providing ample space for development. A 6,300-square-foot office building sits at the rear of the property, offering an abundant amount of parking

Prime Location:
The property is highly visible on Chester Pike, benefiting from a traffic light and exposure to over 15,750 vehicles per day. It is conveniently located just half a mile from SEPTA’s Ridley Park Station, making commuting easy. Taylor Hospital is adjacent to the site, adding to the convenience for future residents. WaWa and CVS are located directly across the street, providing easy access to everyday essentials within walking distance. The property is also just minutes from I-95 and Philadelphia International Airport, and only 20 minutes from Center City Philadelphia.
Thriving Community:
Ridley Park is a growing community with a strong population base. Within a 10-mile radius, there are over 1.2 million residents. The area boasts an average family income of over $92,000 and is home to a thriving business sector with over 73,000 businesses employing approximately 633,000 people.

PROPERTY FACTS Under Contract

Price $2,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 4.40 AC
Zoning R-3 - Residential zoning classification used for attached and semi-detached houses. Intended to accommodate attached and semi-detached houses on indiv. lots

1 LOT AVAILABLE

Lot

Price $2,500,000
Price Per AC $568,181.82
Lot Size 4.40 AC

DESCRIPTION

4.40 AC property in Ridley Park zoned R-3.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
37-00-01158-01
Land Assessment
$181,650
Improvements Assessment
$446,770
Total Assessment
$628,420
  • Listing ID: 18740894

  • Date on Market: 3/4/2020

  • Last Updated:

  • Address: 300 Johnson Ave, Ridley Park, PA 19078

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